# What percentage of profit he gets?

A shopkeeper marks on the article bought by him at 30% above the cost price and allows a discount of 10% while selling it. What percentage of profit he gets?

- 10%
- 25/2%
- 31/2%
- 17%

**Answer: (4) 17% **

**Solution:-**

Let the actual cost price be Rs. 100

If a shopkeeper marks on the article bought by him at 30% above the cost price

Then marked price of the article = 100 + 100 x 30/100

= 100 + 30

= Rs.130

If he allows a discount of 10% while selling.

Then selling price of the article = 130 – 130 x 10/100

= 130 – 13

= Rs.117

So, percentage of profit = 117 – 100

= 17 %

Hence, the correct answer is option (4) 17%.